Today, Treasury’s @FinCENnews announced a proposed rule to curb illicit finance in the U.S. residential real estate market. This action reflects our commitment to combatting corruption and safeguarding our economic and national security.
FinCEN has issued a Notice of Proposed Rulemaking to combat and deter money laundering in the U.S. residential real estate sector by increasing transparency.https://t.co/V2zZCpvNWg pic.twitter.com/PnWw6woiam
— Financial Crimes Enforcement Network (FinCEN) (@FinCENnews) February 7, 2024